Thursday 5 September 2013

Ayeyawady people averagely earn just US$2 per day: Minister

The government is determined to raise the living standards of the local people in the Ayeyawady region of Myanmar whose daily income average is only Ks2000 (US$2.06), according to the President’s Office Minister.

The strategy involved boosting production and export sectors to raise the people’s income levels and to achieve rural development targets, said Minister Tin Naing Thein.


He made the statement during a meeting on the rural development project at Pathein City Hall in Pathein Township.

He pointed out that the average daily income of a person is Ks1177 (US$1.22) in Hinthada district, Ks4085 (US$4.22) in Pathein district, Ks1569 in Myaungmya district, Ks1500 in Labutta district, Ks 2035 in Pyapon district, and Ks1973 in Maubin district.

It is required to boost the production and export sectors to raise the people’s income levels and to achieve rural development targets, said the minister. Currently, about 85% of locally manufactured products in Ayeyawady region are consumed locally, and only 14% of them are exported, he noted.

The minister has expected a rapid increase in trade volume along the Pathein-Yangon-Myawady-Maesot route. He said long-term civil development projects need to be planned based on the strength points of each township in the region.

“It is noted that the government will reduce centralization and will listen to the reports from the bottom levels in order to make use of regional strengths for rural development. If the state-owned factories operating at loss are privatized and transferred to those who are able to run the business successfully, it will reduce the unemployment rate and will lead to the regional development,” an economist said.

source: Eleven Myanmar

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...